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this anymore. these tragedies must end. and to end them, we must change. >> the question is, will newtown's tragedy be the tipping point in a country that has failed to respond when lives were lost so many times before. the debate ignited over gun control once again, but this time, with a very different feel. >> conversation we have to have along with guns, along with military style semi-automatic assault weapons with these just gr grotesque magazines. >> very powerful signs we entered a different era in this discussion. >> i don't want us to lose the hurt and the anger that we feel now and our resolve to do something. >> joining me with the very latest on the investigation is nbc news justice correspondent, pete williams. pete, where are connecticut state police focusing today as they try to uncover more behind the reasons of adam lanza? >> well, there's a huge wide range of what they're doing, thomas. they're interviewing witnesses still. they haven't even gotten to interviewing the children yet. that's going to be a very difficult process to do, very delicate one is the way they descri
dawn hochsprung's baby granddaughter. the president sat among the mourners of newtown at the vigil and told them they are not alone in their grief. >> all across this land of ours, we have wept with you. we pulled our children tight. >> in this speech, one he penned largely on his own, the president promised the people of that community that their loss would not go unanswered. >> we can't tolerate this anymore. these tragedies must end. and to end them, we must change. >> the question is, will newtown's tragedy be the tipping point in a country that has failed to respond when lives were lost so many times before. the debate ignited over gun control once again, but this time, with a very different feel. >> conversation we have to have along with guns, along with military style semi-automatic assault weapons with these just gr grotesque magazines. >> very powerful signs we entered a different era in this discussion. >> i don't want us to lose the hurt and the anger that we feel now and our resolve to do something. >> joining me with the very latest on the investigation is nbc news ju
that his mother bought. the medical ex-naerm newtown says the children were each shot several times, all with an assault-style rifle like this one, a bush master bushmaster similar to the rifle used ten years ago by the washington, d.c. snipers who killed ten people and wounded three others. investigators say the gun belonged to nancy lanza of newtown, purchased legally in the last few years and used, they say, by her son, adam, who took it to the school after first fatally shooting his mother at the home where they both lived. authorities have not said how she stored the weapons, whether she kept them locked. nancy lanza's sister-in-law, adam lanza's aunt, stays is not unusual for a divorced woman, like nancy, who lived alone, to have them in the house. >> self-defense. she was a female. live aid loan, live nald beautiful neighborhood. >> reporter: but those guns she bought for protection, investigators say you were used by her own son to kill her. former classmates said a dam lanza was an awkward loner, bright, but painfully shy, so stoic says the former head of high school secure tha
and tougher subject. the nation is still rightfully consumed with grief over the newtown school shootings next up on "kudlow," we'll continue our discussion of how best top prevent these unspeakable atrocities in the future. we don't have all the answers, but we'll try to get a good discussion for you. hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios [ engine revs ] ♪ ♪ [ male announcer ] the mercedes-benz winter event is back, with the perfect vehicle that's just right for you, no matter which list you're on. [ santa ] ho, ho, ho, ho! [ male announcer ] lease a 2013 c250 for $349 a month at your local mercedes-benz dealer. >>> welcome back to "the kudlow report." in this half hour, a new investigation blasts a government agency for huge pro-union favoritism. congressman darrell issa will join us later on. and stocks are having a fine year. we'll take a look at how it may continue. >>> but first up, the questions and grieving continue in newtown, connecticut, tonight.
latest survey and president obama spoke at an evening vigil in the community of newtown, connecticut, raising the prospect of policy changes to stem gun violence. it is monday, december 17th, 2012 and "squawk box" begins right now. >>> good morning, everyone. welcome to "squawk box" here on cnbc. i'm becky quick along with joe kernen and andrew ross sorkin. let's take a look at our lineup today. first off, bob doll will be giving us his lineup for stocks. that's coming up at 7:00 a.m. eastern time. at 8:00 eastern, a cnbc exclusive. david tepper, one of the world's top performing hedge fund managers will join us to give us some of his wisdom in a kaerc t can't-miss interview. a lot to talk about with him. in the meantime, why don't we get to some of today's top stories. we could see some movement in the fiscal cliff negotiations. house speaker boehner offering to raise the top tax rates on those making over $1 million a year as well as other measures amounting to $1 trillion in new revenue. that's in exchange for an equal amount in spending cuts. the white house has not
have a newtown, connecticut facility. >> we do. we have about 400 associate there is and it really has been traumatic. last night we had a memorial service, 3,500 local people game from newtown, from danbury. it is a tragedy. many of our associates live in newtown, we have a major facility there and it just shows the fragility of life and i can speak as a parent that if you lose a child, nothing else matters. >> now, if someone wants to help, was there an organization that you would recommend that people help? >> they have set up a special section in the united way in danbury. and if you connect the united way danbury, they have an area where you can send funds and they're doing a lot of good work. >> okay. now your company itself has been pretty socially responsible. an issue that i thought was important is fuel, the footprint that your company has and how important this is to you. zero fuel now you use? >> it really is. it's a remarkable situation that we have, you know, we are an integrated company. we have operations in vermont and vermont can go minus 14 in winter and this year we
. there are three sets of causes that people point to when talking about events like the one in newtown. first, the psychology of the killer. second, the environment of violence in our culture. and third, the easy access to guns. each of these might explain any single event, but what we should be trying to understand is not one single event, but why we have so many of them. let's look at the facts. according to the u.n.'s office on drugs and crime, the u.s. gun homicide rate is 30 times that of france or australia. it is 12 times higher than the average for other developed countries. why is that? if psychology is the main course, we should see that we have 12 times as many psychologically disturbed people as the oecd average. we don't. in fact, america takes mental disorders seriously, treats them and doesn't stigmatize them. we do better in this area than most of our peers. is america's popular culture much worse than other rich countries? not really since it's largely the same popular culture worldwide. england and wales, for example, are exposed to virtually identical cultural influences as
. but later on in the week, housing numbers final q3 gdp. keeping a close eye on newtown, connecticut, our hearts and prayers going out to the victims there. remembering those who lost their lives at sandy hook elementary in newtown. >>> a moment of silence observed at the new york stock exchange. in remembrance of those who lost their lives in the newtown, connecticut, shootings. ♪ [ male announcer ] you build a reputation by not breaking down. consider the silverado 1500 -- still the most dependable, longest-lasting full-size pickups on the road. and now we've also been recognized for lowest total cost of ownership -- based on important things, like depreciation, fuel, and maintenance costs. and now trade up to get a 2012 chevy silverado all-star edition with a total value of $9,000. from outstanding value to standing the test of time, chevy runs deep. >>> time for the "mad dash" on a monday morning. apple gets an inordinate amount of attention. but it's not the sole source of pain. >> no. i'll tell you something, carl, we used to try to figure out who is in the apple device. tear it d
their lives in the sandy hook elementary school shootings in newtown, connecticut. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by bp and all of us who call the gulf home. can i still ship a gift in time for christmas? yeah,
in newtown, connecticut. >> yep. >> we're all hugging our children a little more tightly this season. >> and everything's on the table. >> as an outdoorsman, i think we need to completely rethink guns in america. >> i think we need to protect our kids at the school, though. everything's on the table. >> our thoughts and prayers are with the families in newtown. >> thank you both very much. right now it's time for "squawk on the street." good morning. welcome to "squawk on the street." which debuted on cnbc's seven years ago today. happy anniversary to us. i'm melissa lee with carl and jim cramer and david faber live from the new york stock exchange. let's look at how we're setting up after yesterday's rally. particular strength in yesterday's rally. we didn't get housing starts, that's earlier today. as for the picture in europe, really the stand outout here is the euro. greece getting a five notch upgrade at the s&p. our road map this morning starts with gm. government motors no more. the treasury to exit its stake in the next 12 to 18 months, purchasing 2 million shares by the end
. >> thank you. >>> ahead on "starting point." two weeks from the horrific shootings in newtown, connecticut. now some teachers getting on board with the idea of getting armed. dozens of people trained to shoot. the man who taught it and one of the teacher who's took it coming up. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ thank you. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if your bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. ♪ ♪ i need you by my side >> 24 minutes after the hour. soul singer fontella bass has died best known for "rescue me." the song sure had legs it was rerecorded by cher, pat beena tar. and more. she died wednesday night of complications of a heart attack she suffered three weeks ago. 7 yea2 years old. >>> deteriorating security in the central african republic has forced the u.s. state department to temporarily su
to read and consider carefully before investing. >>> we've been talking about the tragedy in newtown, connecticut. and that was not the only news story this week. one important story that was uncovered before the friday shooting. the future of women's under the violence act. it provided billions of dollars to investigate violent crimes against women but it expired. they offered to expand the bill with a new protection for same-sex couples, american indians and undocumented immigrants. so the house balked so in tuesday at a rare show of defiance in their own party leadership ten house rips signed on to a letter written by democration asking house supremer john boehner and majority leader kantor to on the reauthorization of the violence against women act bringing a bill inclusive of all those protected by violence and similar to those that loor passed to the house floor for a vote. there must be a partizan bill to protect all those vulnerable. senate republicans that vote the against it say they are willing to support it but conservatives in the house remain opposed. the bill failed to
, the nra set to give the first on-cameras comments since the tragedy in newtown. we'll spin on it next. ♪ ♪ ♪ [ male announcer ] everyone deserves the gift of all day pain relief. this season, discover aleve. all day pain relief with just two pills. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-2550 and i'm in total control because i can trade tdd#: 1-800-345-2550 directly online in 12 markets in their local currencies. tdd#: 1-800-345-2550 i use their global research to get an edge. tdd#: 1-800-345-2550 their equity ratings show me how schwab tdd#: 1-800-345-2550 rates specific foreign stocks tdd#: 1-800-345-2550 based on things like fundamentals, momentum and risk. tdd#: 1-800-345-2550 and i also have access to independent tdd#: 1-800-345-2550 firms like ned davis research tdd#: 1-800-345-2550 and economist intellige
think it's been a travesty in the wake of newtown, and yes, we should have a conversation about gun control and there should be parody with taking care of the mental health of americans. that discussion has been drowned out or lost or lost or never, ever happened. mr. lanza was obviously a very sick individual and needed help. i'm not sure the mental health discussion has gotten enough attention. what do you think? >> no, it hasn't. in fact, what's been happening is, of course, there's been more stereo typing stereotyping ever people with mental illness calling these people crazy. yes, he probably did have autism and/or asperger's, but people with those disorders don't generally become violent and what's interesting is that on some of the stories on the internet there are people who have made -- posted comments blaming what he did because there have been some unconfirmed reports that maybe he was take something medication. people have made comments blaming the shooting rampage on the medication. this isn't true. the problem is that people -- anybody who needs medication needs to be
the bushmaster rifle used by the shooter. all dpuns have been removed from stores near newtown. a lot of debate about the degree to which private equity has inserted itself into the debate. some investors may be rethinking their position on investing in companies like freedom, and certainly you read the statement from service -- >> it's straightforward. very interesting story. if you get a change in heart on the part of the pension funds that make up so much of the funds for private equity, not to mention, by the way, hedge funds and other investors out there, you could see some ramifications. this certainly may be one of them right here. the company saying as a result of the sandy hook tragedy, which they call a watershed event, that has raised the national debate on gun control at an unprecedented level, they have determined to engage in a process to a southern investment to freedom group. largest manufacturer of guns in the country. 15% of sales roughly to walmart, and about 3,000 employees, $237 million in sales as of the third quarter that ended september. just to put it in perspective for
told the reporter rifles similar to the one used in newtown were expected to double in price in the next 90 days. i just finished reading that article. pretty unbelievable. >>> a democratic president at a time of political upheaval passes a major gun-control act in the wake of several shooting tragedies. that may sound like president obama's plan for the next term, but it actually happened 44 years ago. >> today we begin to disarm the criminals and the careless and the insane. and all of our people who are deeply concerned in this country about law and order should hail this day. and in our democracy, crime control is a community problem, and we would not have it any other way, for the other way would be the police state and all of its tragic consequences. >> joining me now is the director of the lbj presidential library. mark, welcome. glad to have you. >> nice to be here. >> let's talk about president johnson and what led him to pass the gun control act. >> well, there were a number of tragic circumstances throughout the year 1968, among which were the assassinations of mar
and washington working together, negotiating on this bill and what happened in newtown. but in middle america, nothing happens in a bubble. people are still shattered by that. and anybody that is dragging their feet, fighting, seeming petty less than a week after -- i'm sorry, this is the worst tragedy i can think of as far as just shattering the soul of this country. i say since 9/11, in my lifetime. 9/11 and this. then i guess you'd have to go back to kennedy's assassination. i can't believe how shaken -- people are just talking about this all the time. they're looking at washington squabbling over numbers. and since they've already decided on the big issues, they're just thinking, they're so dysfunctional. and whoever gets the blame for this, it's in big trouble politically. >> no question. and it's not just on the fiscal stuff. it's on other things, too. i mean, you know, i thought your incredibly eloquent statement last week reflects what a lot of people feel including a lot of people who have had reservations before about doing something. that fight's just about to begin. the high water
the statements seemed to not reflect any understanding about the slaughter of children that happened in newtown, connecticut. here's what bothered me. the nra spokespeople have been willing to deal with every possible cause of gun violence except guns. >> in other news the pentagon says joe w. price, leader of s.e.a.l. team 4 was found dead yesterday. the initial conclusion is he committed suicide. the navy is investigating now. >>> hours ago in hawaii senator daniel inouye was laid to rest. he represented hawaii in washington for five decades since hawaii became a state in 1959. the 88-year-old senator was a war hero. he lost his arm. president obama attended the funeral. the president said he was his political inspiration. those are your headlines. i'm don lemon. now back to the fareed zakaria special "tough decisions." >>> it was one of the most important diplomatic missions in history. also one of the most clandestine and risky. four decades ago, henry kissinger, then president nixon's national security advise secretly flew to china, beginning a string of meetings that would eventually open
after the newtown massacre. but one lawmakers thinks that the nra members actually favor new laws. >>> and ex-cia military director and top military man david petraeus now on top of the list of this year's worst scandals. >>> as americans grapple with how to curb gun violence after the newtown massacre, nra leaders remain opposed to tougher laws. but one lawmaker thinks that the stance of the nra leadership is out of step with its members. joining me now is virginia congressman jim moran. briefly, let me ask you first about the fiscal cliff because i have you here. you and your members will get back to work tomorrow. i'm wondering is there going to be a last ditch effort to avoid this and what do you think is going to happen? >> i think the likelihood is that we go over the cliff, martin. and, of course, that's my primary focus because my congressional district would be the hardest hit if beat go over the fiscal cliff. i've got tens of thousands of federal employees and a great deal of defense spending would be at risk. so if we don't suspend the sequester and it looks like this v
want to express our thoughts and prayers that everyone affected by this terrible tragedy in newtown, connecticut. our words can do little to ease your pain. but you know this. we are with you in this incredible difficult time. and recognize that you are who we are thinking about, even as we try to focus on our work today. so as for the markets, it was another weak day. dow dipped 36 points. s&p gave up .41%. nasdaq declined .70. a lot of that again because of apple. you know the drill as we head into the weekend. i'm not expecting to hear any progress on the fiscal cliff. but you know, i always watch the sunday morning talk shows now very closely and i'm looking for some politicians saying something encouraging. what does encouraging mean? it means a republican uttering the two words tax increase without the word no before it. and the democrats uttering two words, spending cuts, without the word no before them. neither seems to be able to pull off that syntax, though. at this point i think we've got to assume that the washington people, they can't get it together. we've got to gird
of the newtown connecticut tragedy. we love the way you all have been strong in support of them. >> thank you. i very much appreciate that. michael, let me ask you, what do you want to be avoiding in 2013? >> i think you have to look at it from the standpoint of extreme. it's clearly in the bond market. it's clearly in the love for dividends. it's clearly in the love for income versus capital appreciation, versus cycle kral. i call this the rocky balboa stock market. we've had tremendous swings from the bears. you cannot deny the resilience, best year since '09. how is it comparatively smaller fiscal cliff going to do it? >> he does have a point. the relative strength of this market this year has been impressive given all the headwinds that this market has. >> it's been macho ka macho. that's the fighter who just passed away in puerto rico. it has taken blows like you can't believe and has hung in there. and the market leads the economy, not the economy leads the market. we remain defensively positioned because of profits, production and personal income. but we do know maybe we need to change th
, the fiscal cliff, newtown, connecticut, what happened up there, that's the gem feeling overall. jcpenney, they've had promotions walking away from it every day, low discount price story. oppenheimer noted discount racks had been cleared and the traffic seems to have improved in that store. maybe that change in their philosophy has helped them out. that's a note that was out on oppenheimer today. bottom line here, guys, is i think we are seeing some movement with some companies to deal with some of these retail sales issues. you'll see a lot of pressure on margins. david, i think you mentioned this, about what was going on with inflows and outflows from equity mutual funds. it's true we're continuing to get outflows from equity mutual funds. that's certainly been disappointing. we had it going through up until last week. the end of last week, it was reported the first outflows from treasuries. more specifically, from general bond funds. that's the first time we've seen this in a very, very long time. all right, it was a very small number, something on the order of $1 billion or something
at these names. i know in the wake of the newtown tragedy, there's been new focus on video games. you've had prominent politicians and others calling for more overseeing of video games. the piper note actually a little different. that's
" sunday night at 8:00. >> president obama talks about friday's shooting at an elementary school in newtown, connecticut. >> on friday, we learn more than two dozen people were killed when a gunman opened fire at an elementary school. most who died were elementary children with their lives ahead of them. among the fallen were also teachers, men and women who devoted their lives helping children fulfill their dreams. our hearts are broken today. we grieve for the families of those we lost. we keep in our prayers those who survived. they know their child's innocence has been torn away far too early. as a nation, we have endured far too many of these tragedies the past few years. an elementary school in newtown, a shopping mall again from oregon, a movie theater of in colorado, countless streetcorners and places like chicago and philadelphia. any of these neighborhoods could be our own. we have to come together and take meaningful action to prevent more tragedies like this from happening. regardless of politics. this weekend, michele and i are doing what i know every parent is doing, holding o
being up. all of a sudden then, we had the impacts of sandy, a tragedy up in newtown, connecticut, and just a lot of other factors that just put a damper on the season. >> so, it is fair to say that it started better than it ended now. >> it started better than it ended. there was a lot of excitement around black friday. i mean it was almost like the super bowl. they have all this advertising, drag people out, it's the biggest event of the year come shopping, and then week after that we had the pro bowl. there was no excitement. there was no reason to come out shopping. so big bang, but it kind of waned as we went into the season. >> how much of the season is in the books now? i mean, what's still left to happen? >> there's a couple of big days still coming. i think this weekend is a big weekend as people redeem gift cards, go into the stores, exchange items for what they're looking for. hopefully get that add-on sale and people start to take advantage of the clearance sale, i would say, though, 95% of it is in the books. we've probably got some strong days ahead of us, though, th
Search Results 0 to 25 of about 26 (some duplicates have been removed)